Sale of Bowman Ingredients Holdings Limited to Solina SAS
Bowman Ingredients Holdings Limited
Strong international footprint
Food and beverage sector
Major supplier to global food processing industry
Based in Hertfordshire, Bowman Ingredients is a leading UK-based food-coating specialist with a strong international footprint in the global food processing industry.
"The Grant Thornton team did an excellent job and exceeded our expectations. The process was complex but the team's transactional experience was evident through the process, which delivered a great result for the business and shareholders."
Rory Bowman, CEO Bowman Ingredients Holdings Limited
Maximising value and finding the right fit
We introduced Bowman to various potential international buyers. It was key to maximise the value of the company and to find the right strategic fit to enable further growth.
How we helped
We generated significant strategic interest in the company, driving competitive tension, leading negotiations as well as advising on the tax aspects of the transaction.
The preferred bidder and eventual acquirer was Solina Corporate SAS, a European producer of savoury solutions for the food industry, majority owned by Private Equity firm Ardian.